Nevada Code § 244.282

Sale of certain real property at auction: Resolution declaring intention to sell property; requirements; notice; procedure for conducting sale; deposit to cover certain costs; effect of sale or lease in violation of section
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1. Except as otherwise provided in NRS 244.279 , before ordering the sale at
auction of any real property, the board shall, in open meeting by a majority
vote of the members, adopt a resolution declaring its intention to sell the
real property at auction. The resolution must:
(a) Describe the real property proposed to be
sold in such a manner as to identify it.
(b) Specify the minimum price and the terms upon
which it will be sold.
(c) Fix a time, not less than 3 weeks thereafter,
for the auction to be held:
(1) At a public meeting of the board at
its regular place of meeting, at which sealed bids will be received and
considered; or
(2) On an Internet website or other
electronic medium.
(d) If the auction is to be held on an Internet
website or other electronic medium, specify:
(1) The Internet website or other
electronic medium;
(2) The manner in which electronic bids
will be accepted; and
(3) The period during which bids will be
accepted.
2. Notice of the adoption of the
resolution and of the time, place and manner of holding the auction must be
given by:
(a) Posting copies of the resolution in three
public places in the county not less than 15 days before the date of the
auction; and
(b) Causing to be published at least once a week
for 3 successive weeks before the auction, in a newspaper qualified under chapter 238 of NRS that is published in the
county in which the real property is located, a notice setting forth in bold
face type:
(1) A description of the real property
proposed to be sold at auction in such a manner as to identify it;
(2) The minimum price of the real property
proposed to be sold at auction; and
(3) The places at which the resolution
described in subsection 1 has been posted pursuant to paragraph (a), and any
other places at which copies of that resolution may be obtained.
If no
qualified newspaper is published within the county in which the real property
is located, the required notice must be published in some qualified newspaper
printed in the State of Nevada and having a general circulation within that
county.
3. If the auction is held at a meeting of
the board:
(a) At the time and place fixed in the resolution
for the meeting of the board, all sealed bids which have been received must, in
public session, be opened, examined and declared by the board. Of the proposals
submitted which conform to all terms and conditions specified in the resolution
of intention to sell and which are made by responsible bidders, the bid which
is the highest must be finally accepted, unless a higher oral bid is accepted
or the board rejects all bids.
(b) Before accepting any written bid, the board
shall call for oral bids. If, upon the call for oral bidding, any responsible
person offers to buy the real property upon the terms and conditions specified
in the resolution, for a price exceeding by at least 5 percent the highest
written bid, then the highest oral bid which is made by a responsible person
must be finally accepted.
(c) The board may either at the same session or
at any adjourned session of the same meeting held within the next 10 business
days:
(1) Make a final acceptance of the highest
bid; or
(2) Reject any and all bids, either
written or oral, and withdraw the real property from sale if the board deems
such action to be for the best public interest.
4. If the auction is held on the Internet
or other electronic medium:
(a) At the time and place fixed in the resolution
for holding the auction, any person may submit a bid in the manner and on the
Internet website or other electronic medium specified in the resolution.
Bidding must remain open for the period of time specified in the resolution.
(b) The county and the employees of the county
are not liable for the failure of a computer, laptop or tablet computer,
smartphone or any other electronic medium or device, including, without limitation,
hardware, software or application, computer network or Internet website, which
prevents a person from participating in the auction.
(c) The board shall, at the next regularly
scheduled meeting of the board after bidding has closed:
(1) Make a final acceptance of the highest
bid; or
(2) If the board deems the action to be
for the best public interest, reject any and all bids and withdraw the real
property from sale.
5. Any resolution of acceptance of any bid
made by the board must authorize and direct the chair to execute a deed and to
deliver it upon performance and compliance by the purchaser with all the terms
or conditions of the purchasers contract which are to be performed
concurrently therewith.
6. All money received from sales of real
property must be deposited forthwith with the county treasurer to be credited
to the county general fund.
7. The board may require any person
requesting that real property be sold pursuant to the provisions of this
section to deposit a sufficient amount of money to pay the costs to be incurred
by the board in acting upon the application, including the costs of publication
and the expenses of appraisal. This deposit must be refunded whenever the
person making the deposit is not the successful bidder. The costs of acting
upon the application, including the costs of publication and the expenses of
appraisal and any related costs, must be borne by the successful bidder.
8. If real property is sold in violation
of the provisions of this section:
(a) The sale is void; and
(b) Any change to an ordinance or law governing
the zoning or use of the real property is void if the change takes place within
5 years after the date of the void sale.

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